Not too long after I posted on the shiny stuff moving between the 1287/1300 we got the break and it went to the south side. We managed a break down to 1277 and the break point around the old 50 fib is acting as resistance.
Gold h4 chart 01 04 2014
A sustained move back up is likely to see another test of 1300 and the same break strat will apply up there. If we see further downside then the 100 dma at 1273 and old resistance at 1271 will be adding support ahead of the 61.8 fib at 1262
Gold daily chart 01 04 2014
